OT: So, Mr Bremer, where did all the money go?



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Topic: Religions > Atheism
User: "maff"
Date: 07 Jul 2005 04:44:32 AM
Object: OT: So, Mr Bremer, where did all the money go?
So, Mr Bremer, where did all the money go?
http://www.guardian.co.uk/g2/story/0,3604,1522804,00.html
At the end of the Iraq war, vast sums of money were made available to
the US-led provisional authorities, headed by Paul Bremer, to spend on
rebuilding the country. By the time Bremer left the post eight months
later, $8.8bn of that money had disappeared. Ed Harriman on the
extraordinary scandal of Iraq's missing billions
Thursday July 7, 2005
The Guardian
When Paul Bremer, the American pro consul in Baghdad until June last
year, arrived in Iraq soon after the official end of hostilities, there
was $6bn left over from the UN Oil for Food Programme, as well as
sequestered and frozen assets, and at least $10bn from resumed Iraqi
oil exports. Under Security Council Resolution 1483, passed on May 22
2003, all these funds were transferred into a new account held at the
Federal Reserve Bank in New York, called the Development Fund for Iraq
(DFI), and intended to be spent by the Coalition Provisional Authority
(CPA) "in a transparent manner ... for the benefit of the Iraqi
people".
Paul Bremer
http://groups-beta.google.com/group/alt.atheism/msg/1b8d5999ffa7493f
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